their claim that part of the post-1995 productivity growth revival reflected the normal cyclical correlation between … productivity and output growth. In contrast data through mid-2003 reveal only a negligible cyclical effect for 1995-99 but rather a … temporary bubble in 2002-03. (2) Why did productivity growth accelerate after 2000 when the ICT investment boom was collapsing …

During the four years 1995-99 U. S. productivity growth experienced a strong revival and achieved growth rates … transport, motion pictures, radio, indoor plumbing, and made the golden age of productivity growth possible. This paper raises … doubts about the validity of this comparison with the Great Inventions of the past. It dissects the recent productivity …

This paper studies the dynamic behavior of changes in productivity, wages, and prices. Results are based on a new data … gap indexes to be attributed to a failure of real wages to respond to the post-1972 productivity growth slowdown is … relatively minor. The paper's analysis of productivity change confirms the real-wage elasticity of labor input emphasized …

Starting from the same level of productivity and per-capita income as the United States in the mid-nineteenth century … productivity has almost converged, its income per person has leveled off at about three-quarters of America's. How could Europe be …

After fifty years of catching up to the United States level of productivity, since 1995 Europe has been falling behind … growth shortfall caused the level of European productivity to fall back from 94 percent of the United States level to 85 … retailing formats that have created many of the productivity gains in the United States. For many decades, the United States and …

The dismal decade of 2010-19 recorded the slowest productivity growth of any decade in U.S. history, only 1.1 percent … per year in the business sector. Yet the pandemic appears to have created a resurgence in productivity growth with a 4 ….1 percent rate achieved in the four quarters of 2020. This paper provides a unified framework that explains productivity growth …